FLASHNEWS:

Category: Business

Nishat Mills Reports Positive Earnings but Misses Expectations

Lahore: Nishat Mills Ltd. (NML) announced its financial results for the third quarter of the fiscal year 2025, revealing a profit of PkR696 million, equivalent to earnings per share of PkR1.98. This is a significant improvement from a loss of PkR286 m…

PTCL’s Short-Term Sukuk XI Receives Top Rating From VIS

Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1+’ for Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk XI (STS-XI). This rating indicates the strongest likelihood of timely repayment for short-te…

Wafi Energy Reports Strong Q1 Profit Amid Industry Challenges

Karachi: Wafi Energy Pakistan Limited (WEPL), formerly known as Shell Pakistan Limited, reported a significant increase in profit for the first quarter of 2025, the company announced. For the period ending March 31, WEPL recorded a profit after tax of…